Recently, a clear trend has been observed—the pricing power of gold is quietly shifting eastward from North America, with the influence of the Asia-Pacific market becoming increasingly significant.

Among these factors, the actions of Chinese buyers have become a core variable affecting gold price fluctuations. Whenever the US Dollar Index weakens, gold demonstrates remarkable resilience. This inverse relationship is particularly evident in the current market environment.

For asset allocation, gold’s safe-haven attributes and inflation-hedging characteristics are still worth paying attention to. After all, the market will always price in certainty.